Category: Economy

Seattle is Still Growing …. a LOT!

No, it’s not your imagination. Seattle is rapidly growing and it shows no signs of slowing down. Everyone has noticed the downtown skyline filling up with cranes. According to the Downtown Seattle Association, in 2016 there were more cranes in downtown Seattle than in San Francisco and New York City… combined! Downtown Seattle has added …

FHA Loosening Requirements for Condos as Second Homes

Today FHA announced some big changes to their condo financing guidelines, which will be effective immediately. Calculations for owner-occupied percentages are changing, and second homes will no longer be counted against the 50% owner-occupied requirement. Insurance requirements are also being adjusted to allow more developments to qualify. Also, a new streamlined recertification process has been …